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Consumer group protests Amazon, says ‘Bezos needs a boss’

May 30, 2018

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SumOfUs cites experts, including proxy advisory firm Glass Lewis, along with academic research, supporting the notion that an independent board chair is better able to oversee executives and set a pro-shareholder agenda “without the management conflicts that exist when a CEO or other executive also serves as chairman,” according to the release. Separating the two roles is par for the course in Europe and for 51% of S&P 500 boards, according to SumOfUs.

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